WHATEVER YOUR INTEREST OVERSEAS, FOREIGN CURRENCY ACCOUNT-i
MAKES EVERY SENSE.
In this ever-expanding world that we live in, we know that meeting your global investments,
education and leisure needs can consume both valuable time and money. With our new Shariah-compliant
Foreign Currency Account-i (FCA-i), you can transfer funds overseas easily and safely with our
wide network of branches as well as corresponding banks worldwide. FCA-i is based on the Shariah
principle of Mudharabah (profit sharing).
| Why FCA-i |
| • |
Economical
You can enjoy reduced costs on fund transfers and losses during currency conversions. |
| • |
Stable
It reduces risk on losses from currency fluctuations. |
| • |
Viable
It is a great investment/savings alternative. |
| Eligibility |
| • |
This account is open to individuals and non-individuals. |
| • |
Types of FCA-i available: |
| |
Type of FCA-i |
Type of Applicant |
Export Proceeds |
For resident exporters and Approved International Procurement
Centre (AIPC). |
Other Receivables |
| i. |
For resident individuals and corporations (with or without domestic borrowings). |
| ii. |
For non-residents individuals and corporations. |
|
Education and Employment Abroad |
For resident individuals |
|
| Features |
| • |
Minimum initial deposit of
– individual: USD1,000 or its equivalent
– non-individual: any amount |
| • |
Account holder will be issued with monthly statements |
| Eligibility |
| • |
Enjoy free Personal Accident Takaful coverage with the following account balance: |
| |
Account Balance |
Death / PD |
Medical Expenses |
Coverage |
RM5,000 – RM20,000 |
RM25,000 |
RM200 per accident / RM2,000 aggregate |
RM1,000 |
RM20,001 – RM50,000 |
RM50,000 |
RM300 per accident / RM3,000 aggregate |
RM1,500 |
Above RM50,000 |
RM75,000 |
RM300 per accident / RM3,000 aggregate |
RM1,500 |
|
| • |
Dividend calculated on daily basis will be paid monthly. |
| • |
Enjoy discounted service charges on traveller’s cheques and telegraphic transfers. |
| • |
Wide branch network for over-the-counter services |
So, get a head start as this account gives you better flexibility and greater rates in the
long run.
For further information visit our branch or call 1-300-88-6688.
Questions? Our FAQ may help.
Maybank Islamic Berhad reserves the right to change any or all of the above terms and conditions
whenever deemed necessary. |
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